Avista Corp

Avista, McKinstry Celebrate More Than $1 Million in Energy Savings Through Headquarter Renovation

December 3, 2014

Spokane-based Avista Utilities hits significant energy savings milestone

(December 3, 2014) - Avista Utilities, the regulated utility business of Avista Corp. (NYSE: AVA), and McKinstry, a full-service, design-build-operate-and-maintain (DBOM) firm specializing in energy and facility services, announced the renovation of Avista’s Spokane headquarters has achieved $1.1 million dollars in energy savings.

The milestone is the result of a $28 million, two-phase, five-year project, which included completely retrofitting Avista’s 150,000-square-foot headquarters with the most energy efficient systems available. Avista partnered with McKinstry to design, construct and manage all facets of the project.

Phase one, completed in late spring of 2014, consisted of an extensive internal remodel and the update of five floors and basement level, including replacing the original HVAC system that had been running non-stop since the 1950’s and energy inefficient windows. Floors two through five have already received LEED Gold Certification, and the first floor and basement of the building are currently pursuing LEED Gold Certification. McKinstry’s project team spent approximately nine months per floor conducting energy efficiency upgrades, removing asbestos and remodeling.

Phase two is currently underway and by late summer of 2015, the 1970-era addition is expected to be completely renovated. Both phases are being carried out while the building remains fully occupied.

Upon completion, the combined remodel is projected to save 1.4 million kilowatt-hours per year, which is enough to power 116 homes annually. Additionally, Avista will save $149,000 every year in reduced energy costs resulting from the upgrades.

“We ask our customers to use energy wisely, and this project allows Avista to become wise stewards of our energy resources too. We set out to achieve optimum energy savings throughout this project, we’re pleased to have reached the $1 million milestone and look forward to achieving additional efficiency savings in the future,” said Avista’s Corporate Facilities Manager Eric Bowles.

This year, Avista celebrates its 125-year anniversary of serving its Inland Northwest and Oregon customers with a legacy of environmental stewardship. The renovation project will further Avista’s commitment to reduce energy usage and invest in efficient energy solutions.

“Milestones like these are extremely gratifying to McKinstry and we are honored to work alongside a partner like Avista, who seeks a higher standard in energy savings,” said Paul Zasada, Inland Northwest regional director of McKinstry. “Our commitment to our clients is to save maximum resources on a project, both during and after completion, without sacrificing quality.”

About Avista
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 368,000 customers and natural gas to 325,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.5 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol "AVA."

About McKinstry

McKinstry is a full-service, design-build-operate-and-maintain (DBOM) firm specializing in consulting, construction, energy and facility services. Our innovative, integrated delivery methodology provides clients with a single point of accountability that drives waste, cost, time, and redundancy out of the design/build process. We employ more than 1,700 professional staff and trades people throughout the Pacific Northwest, Rocky Mountains, West, Midwest, and Southwest regions of the United States with operations in more than 15 states. McKinstry advocates collaborative and sustainable solutions designed to ensure occupant comfort, improve systems efficiency, reduce facility operational costs, and ultimately optimize profitability “For The Life of Your Building.”